Executor and estate administration involve managing the affairs of a deceased person. An executor, often named in the will, oversees asset valuation, debt settlement, tax payments, and asset distribution to beneficiaries. This complex process demands careful attention to legal details, aligning with the deceased's wishes, and adhering to relevant laws. Executors have a fiduciary duty to ensure a smooth, lawful transition of assets, prioritizing the estate's best interests and beneficiaries' well-being.
